As my time in the investment and RE industry has progressed, I am looking to move into the commercial real estate area, with specialized knowledge in retail properties.

My question is how would you evaluate and conduct the due diligence on the portfolio?

I would prefer the old way of owner financing them to a buyer, but with new regulations, that's not really doable anymore, from what I've read here and elsewhere.Please keep us posted on your progress!!

If you are in your comfort zone, you are likely not progressing.

Hi folks, Having been through the neophyte to expert path a few times on various skills I know that me as a neophyte right now on buying / evaluating a MHP I might think something is a big deal but it really isn't and the worst situation is not realizing what the important issues are and finding that one out after you bought the farm (err park that is).1960's/70's parks: set back, close pad spacing and short lots AND combined with per pad septic.Reading in MHU's 30 day due diligence package, per pad septic go bad then you have to cannibalize the pad next to it for a new field.

Not trying to be cruel here, but if you do not have the skills to evaluate the value of this property for him, you should not be selling it for him.

In Canada, when qualifying for a residential mortgage, you must qualify at the published rate for a fixed-rate, five-year term mortgage; hence, we use these parameters when evaluating a deal to know it will work.  

Make all your payments on time (even early), keep your lender up to date on your progress and don't jump ship the first time someone offers you cheaper money.

Once you get a lead, evaluate the area, and then if it meets the initial evaluation schedule an appointment to see the property to get pictures and estimates.9.

Can the real estate agent do a market evaluation for you?